Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRD) Short Interest Update

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRD) saw a significant increase in short interest in March. As of March 15th, there was short interest totalling 22,600 shares, an increase of 352.0% from the February 29th total of 5,000 shares. Based on an average daily volume of 11,500 shares, the short-interest ratio is presently 2.0 days.

Wheeler Real Estate Investment Trust Stock Performance

Shares of Wheeler Real Estate Investment Trust stock opened at $15.80 on Thursday. The stock’s 50-day moving average is $14.34 and its 200-day moving average is $13.45. Wheeler Real Estate Investment Trust has a one year low of $9.50 and a one year high of $15.94.

Hedge Funds Weigh In On Wheeler Real Estate Investment Trust

An institutional investor recently bought a new position in Wheeler Real Estate Investment Trust stock. Cable Car Capital LLC acquired a new position in shares of Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRD) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 138,745 shares of the company’s stock, valued at approximately $1,808,000. Wheeler Real Estate Investment Trust accounts for approximately 2.0% of Cable Car Capital LLC’s portfolio, making the stock its 17th largest position.

Wheeler Real Estate Investment Trust Company Profile

Headquartered in Virginia Beach, Virginia, Wheeler Real Estate Investment Trust, Inc is a fully integrated, self-managed commercial real estate investment trust (REIT) focused on owning and operating income-producing retail properties with a primary focus on grocery-anchored centers.